Your search for social cost of carbon received 337 results.
- Response to a Critique of New York State’s Clean Energy Programs – …emissions with the CES, which are valued using the Social Cost of Carbon (“SCC”), are “effectively zero.” This conclusion and the preceding assertions are incorrect and inconsistent with basic economics. Our response highlights the flaws of the report and explains that New York’s CES in fact generates significant and crucial…
- Carbon Calculus: More States Are Adding Carbon Costs to Utility Planning Guidelines – …told Utility Dive the social cost of carbon was used in several of the calculations made by the NYPSC in its Track One Reforming the Energy Vision proceedings. With a social cost of carbon-based adder, “the generators’ bids reflect the external costs they impose on society,” she added. “It is…
- Failure to Set Cost of Carbon Hampers Trump’s Effort to Expand Use of Fossil Fuels – A protracted delay in the Trump administration coming up with its own carbon-cost estimate could empower environmentalists pursuing legal challenges to mining, drilling or pipeline projects, said Richard Revesz, director of the Institute for Policy Integrity at New York University School of Law.
- Here’s How Trump is Changing Pipeline Politics – …withdrawing support for the social cost of carbon is misguided and shortsighted,” Richard Revesz, director of the Institute for Policy Integrity, said in a statement. “The executive order gives federal agencies a false sense of security that they can ignore the cost of greenhouse gas emissions in their policy decisions.”
- Best Cost Estimate of Greenhouse Gases – …administration’s decision to withdraw the official estimate of the Social Cost of Carbon and disband the interagency working group that developed it, a group of prominent economists and lawyers, including several Policy Integrity staff members, have highlighted the metric’s continued validity for policymaking in recent letter published in the journal…
- Best Cost Estimate of Greenhouse Gases – …Order 13783 disbanded the Interagency Working Group on the Social Cost of Greenhouse Gases, withdrew IWG’s official valuations, and instead instructed agencies to monetize climate effects using “the best available science and economics.” Yet IWG’s estimates already are the product of the most widely peer-reviewed models and best available data.
- Comments to Minnesota on the Social Cost of Carbon – …Commission (PUC) updated its social cost of carbon (SCC) values last week to a range of approximately $9 to $43, drawing from the 2015 Interagency Working Group (IWG) estimates. Minnesota’s use of the IWG SCC values recently came under scrutiny by industry groups in the state, who cited the recent…
- Comments on Forest Service’s West Elk Mine Environmental Impact Statement – In its new Environmental Impact Statement (EIS) for the expansion of the West Elk coal mine in Colorado, the Forest Service fails to monetize climate damages. It claims that these methods are not appropriate at the project level, that the court ruling was issued prior to an executive order withdrawing…
- Comments to California’s Public Utilities Commission on Energy Planning – We recently submitted comments to California’s Public Utilities Commission, focused on the economic analysis used in its longer-term energy planning process across utilities. We ask the Commission to exercise caution in coordinating or consolidating this planning with other energy-related proceedings, as different proceedings have different goals and statutory requirements.
- Showing the Cost Side of the Climate Equation in a New Light – …of Gothenburg, upends the long-prevailing approach for estimating the social cost of carbon, potentially laying the ground for putting the SCC into triple digits.